EP-Trading

EP Change Index

EP Change Index is an oscillator-type indicator, which provides a simplified view of the price, clearly showing its trend.

The indicator shows a main line (Change Index) and a mean, which oscillate above and below a horizontal line (line 0).

Values ​​above line 0 indicate an upward trend in the medium or long term, below line 0, a downward trend.

The space between the main line and line 0 is colored green or red, depending on whether the Change Index value rises or falls.

We also see how the space between the main line and the middle line is painted blue or brown, also depending on the value of Change Index.


When should I buy? I have marked the zones on the graph: when Change Index rises approaching line 0 or simply when it cuts it.

We can also consider the crosses of the Change Index with its average, especially when they occur below the 0 line. This is a less safe buy after a strong fall, in this case it is better to wait for the second or third rebound in the Change Index .

This indicator can be used to reinforce other techniques.

I personally like to complete the chart with a series of moving averages, in addition to taking into account trend lines , supports and resistances.

Look for more ideas related to this indicator to learn more.

Check more indicators on our website https://ep-trading.com
Get your free trial for 30 days.

Consulta más indicadores en nuestra web https://ep-trading.com Consigue tu prueba gratuita por 30 días.

Síguenos en Youtube y en Twitter. busca EP-Trading
Script solo mediante invitación

El acceso a este script está restringido a los usuarios autorizados por el autor y, por regla general, es de pago. Puede añadirlo a sus favoritos, pero solo podrá usarlo si solicita permiso al autor y éste le autoriza. Póngase en contacto con EP-Trading para obtener más información o siga las siguientes instrucciones del autor.

TradingView recomienda no comprar ni utilizar un script si su autor no le ofrece total confianza o cuando no entienda cómo funciona. En muchos casos, puede encontrar una buena alternativa de código abierto de forma gratuita en nuestros Scripts de la comunidad.

¿Quiere utilizar este script en un gráfico?

Advertencia: Por favor, consulte antes de solicitar acceso.